2024-11-12T15:07:10-06:00 2023-12-31 731413977 HOGANTAYLOR LLP 2222 SOUTH UTICA PL SUITE 200 TULSA OK 74114 990 2023-01-01 731329755 SEG FOUNDATION SEGF 9184975500 125 W 15TH STREET 100 TULSA OK 741193801 JAMES WHITE EXECUTIVE DIRECTOR 9184975500 2024-11-11 1 1 W LYNDEL LACKEY P00234298 9187452333 2024-10-29 2023 2024-10-15 13:58:12Z JAMES WHITE 125 W 15TH STREET 100 TULSA OK 741193801 8654939 0 X WWW.SEG.ORG/FOUNDATION X 1987 OK ADVANCES GEOPHYSICS TODAY AND INSPIRES FUTURE GEOSCIENTISTS THROUGH FUNDING INNOVATIVE ACTIVITIES. 13 13 0 17 0 0 572903 602138 0 0 -91384 -518255 0 0 481519 83883 1474558 1246665 0 0 0 0 0 0 179845 702728 778343 2177286 2025008 -1695767 -1941125 19676976 21239992 494743 468416 19182233 20771576 X SEG FOUNDATION ADVANCES GEOPHYSICS TODAY AND INSPIRES GEOSCIENTISTS FOR TOMORROW THROUGH FUNDING INNOVATIVE ACTIVITIES AND GRANT PROGRAMS THAT BENEFIT GEOPHYSICISTS, THEIR PROFESSIONAL COMMUNITY AND THE SOCIETY OF EXPLORATION GEOPHYSICISTS AND THE GENERAL PUBLIC. TO PROVIDE SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT AND YOUTH OUTREACH ACTIVITIES THAT ADVANCE GEOPHYSICS, TRAIN GEOSCIENTISTS AND INTEREST YOUTH IN THE STUDY OF THE GEOSCIENCES. 0 0 1310416 1246665 SEG FOUNDATION FUNDS SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT AND STUDENT AND FIELD GRANT PROGRAMS THROUGH THE SOCIETY OF EXPLORATION GEOPHYSICISTS THAT BENEFIT GEOPHYSICISTS, THEIR PROFESSIONAL COMMUNITY, AND THE GENERAL PUBLIC. 1310416 1 1 0 0 0 0 0 1 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OK X X THE ORGANIZATION 9184975500 125 W 15TH STREET 100 TULSA OK 741193801 ROCCO DETOMO CHAIR 3.00 X X 0 0 0 SHIPENG FU CURRENT VICE CHAIR 2.00 X X 0 0 0 TONY LUPPO TREASURER 2.00 X X 0 0 0 ALEX BIHOLAR DIRECTOR 1.00 X 0 0 0 MARIA ANGELA CAPELLO DIRECTOR 1.00 X 0 0 0 ARTHUR CHENG DIRECTOR 1.00 X 0 0 0 JOHN EASTWOOD DIRECTOR 1.00 X 0 0 0 RAYMOND FARRELL DIRECTOR 1.00 X 0 0 0 DANIEL KAHN DIRECTOR 1.00 X 0 0 0 ANDREA LOVANTI DIRECTOR 1.00 X 0 0 0 TANA POOL DIRECTOR 1.00 X 0 0 0 KENNETH TUBMAN DIRECTOR 1.00 X 0 0 0 SUSAN WEBB DIRECTOR 1.00 X 0 0 0 JAMES WHITE SECRETARY 1.00 39.00 X 0 301028 23143 CARLOS DE LA GARZA CFO 1.00 39.00 X 0 242954 13511 0 543982 36654 0 0 1 0 0 602138 602138 499615 499615 7553186 8571056 -1017870 -1017870 -1017870 83883 0 0 -518255 X 1246665 1246665 192622 127067 65555 4237 4237 32500 21439 11061 110991 110991 205291 63751 63288 78252 5732 5693 39 5264 5264 4038 1080 2958 18350 130 18220 9412 9412 3338 3338 SOFTWARE SERVICES 17189 17189 FOREIGN TAX 7893 7893 BANK CHARGES 3760 3760 EXTERNAL TECHNICAL SERV 3540 3540 154186 154186 2025008 1310416 534747 179845 617858 365200 653258 4213276 395238 55057 17864695 16171347 145927 435112 19676976 21239992 20953 3002 473790 465414 494743 468416 X 3871281 3705653 15310952 17065923 19182233 20771576 19676976 21239992 -1941125 3530468 0 X X 0 1 X 1 0 X X X 1 SOCIETY OF EXPLORATION GEOPHYSICISTS 730555125 10 1 1246665 0 1 1246665 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B PER PAGE 1 OF SCHEDULE A, SOCIETY IS A 501(C)(6). AS STATED ON SCHEDULE O, THE SUPPORTED ORGANIZATION IS THE SOLE MEMBER OF THE SUPPORTING ORGANIZATION. PRACTICALLY, THE EXECUTIVE OFFICER OF BOTH THE SUPPORTED AND SUPPORTING ORGANIZATION IS THE SAME PERSON. AS SUCH, HE HAS ACCESS TO THE SUPPORTED ORGANIZATION'S FORM 990 INCLUDING ITS PUBLIC SUPPORT TEST. PART IV, SECTION A, LINE 3C PER PAGE 1 OF SCHEDULE A, SOCIETY IS A 501(C)(6). AS STATED ON SCHEDULE O, THE SUPPORTED ORGANIZATION IS THE SOLE MEMBER OF THE SUPPORTING ORGANIZATION. PRACTICALLY, THE EXECUTIVE OFFICER OF BOTH THE SUPPORTED AND SUPPORTING ORGANIZATION IS THE SAME PERSON. AS SUCH, HE CAN CONFIRM THAT THE INTERNAL CONTROLS ARE IN PLACE TO ENSURE FOUNDATION SUPPORT IS USED SOLELY FOR CHARITABLE PURPOSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 131736 X X 0 16848293 17241 2767909 491164 19142279 21849771 72497 -4492689 581286 16848293 20830425 45680 1464159 490493 21849771 17769653 76380 3447027 462635 20830425 15677990 124476 2638144 670957 17769653 0.14480 0.85520 1 0 0 FOUNDATION PAYABLE TO SEG 465414 465414 3495467 3530468 3530468 -35001 110991 7893 118884 83883 1906124 0 1906124 110991 7893 118884 2025008 PART III, LINE 4: THE COLLECTIONS OF ART AND MUSEUM ARTIFACTS ARE INTENDED FOR PUBLIC EXHIBITION FOR PATRONS OF ALL AGES, FUTURE GENERATION PRESERVATION AND LOAN/EXCHANGE PROGRAMS, ALL OFFERING AN OPPORTUNITY TO DEVELOP A BETTER UNDERSTANDING AND APPRECIATION FOR GEOSCIENCE HISTORY. THIS COLLECTION WAS TRANSITIONED FROM MAJORITY ON-SITE DISPLAY TO MAJORITY ON-LOAN DISPLAYS DURING 2009. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 7,893. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 7,893. 1 SOCIETY OF EXPLORATION GEOPHYSICISTS 125 W 15TH STREET SUITE 100 TULSA OK 741193801 730555125 501(C)(6) 1246665 0 MONETARY SUPPORT TO PROVIDE SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT AND STUDENT PROGRAMS. 1 PART I, LINE 2: GRANTS REQUIRE INVOICES FROM THE SUPPORTED ORGANIZATION PROVIDING THE SERVICES TO GRANT RECIPIENTS. FOUNDATION PERSONNEL CONFIRM THAT ACTIVITIES ARE IN COMPLIANCE WITH DONOR RESTRICTIONS. 0 0 0 0 0 0 0 0 0 JAMES WHITE SECRETARY 0 276500 0 22548 0 1980 0 16230 0 7503 0 324761 0 0 CARLOS DE LA GARZA CFO 0 226087 0 15577 0 1290 0 13511 0 589 0 257054 0 0 FORM 990, PART VI, SECTION A, LINE 6 SECTION 3.1 OF THE BYLAWS STATE THAT, "THE SOLE MEMBER OF THE FOUNDATION SHALL BE THE SOCIETY OF EXPLORATION GEOPHYSICISTS, AN OKLAHOMA NOT FOR PROFIT CORPORATION (THE "SOCIETY"). THE SOCIETY SHALL BE REPRESENTED IN ALL MATTERS RELATING TO THE FOUNDATION BY THE PRESIDENT OF THE SOCIETY OR, IF THE PRESIDENT IS NOT AVAILABLE, A PERSON DESIGNATED BY THE EXECUTIVE COMMITTEE OF THE SOCIETY." FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE SOCIETY, WITH THE APPROVAL OF THE SOCIETY BOARD OF DIRECTORS, APPOINTS EACH MEMBER OF THE FOUNDATION BOARD OF DIRECTORS FOR A THREE YEAR TERM FROM A LIST OF CANDIDATES RECOMMENDED BY THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING STAFF WORKING WITH THE AUDITOR PROVIDE AND REVIEW THE FORM 990 DATA AND INFORMATION. THE MANAGING DIRECTOR OF FINANCE REVIEWS AND APPROVES THE DRAFT 990, THEN IT IS PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW. FOLLOWING THEIR REVIEW, THE AUDIT COMMITTEE PROVIDES A COPY OF THE DRAFT 990 TO THE GOVERNING BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION ISSUES A WRITTEN CONFLICT OF INTEREST POLICY TO EACH NEW MEMBER ANNUALLY. THE MEMBER SIGNS A STATEMENT HE OR SHE HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS AND AGREES TO THE POLICY, AND UNDERSTANDS THE ACTIVITIES IN WHICH THE FOUNDATION MUST ENGAGE TO MAINTAIN THE ENTITY'S TAX-EXEMPT STATUS. DUE TO THE VOLUNTEER NATURE OF THE FOUNDATION'S GOVERNING BODY, ALL MUST DISCLOSE POTENTIAL CONFLICTS AND THE NATURE OF THE MEMBER'S INTEREST IN POTENTIAL TRANSACTIONS. THE IDENTIFIED CONFLICTS ARE CIRCULATED AMONGST THE BOARD OF DIRECTORS AND STATEMENTS FILED WITH THE EXECUTIVE DIRECTOR. MEMBERS OF THE GOVERNING BODY THAT ARE DETERMINED TO HAVE A CONFLICT OF INTEREST ARE EXCUSED FROM THE DISCUSSION AND PARTICIPATION OF MANAGING THOSE TRANSACTIONS. EMPLOYEES OF THE SOLE CONTROLLING MEMBER REVIEW THE CONFLICT OF INTEREST POLICY UPON HIRE AND MUST SIGN A SIMILAR STATEMENT AT THAT TIME. EMPLOYEES OF THE SOLE CONTROLLING MEMBER MUST IMMEDIATELY DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE IN ACCORDANCE WITH POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S IRS FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON ITS WEBSITE. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND CERTAIN GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 63,288. FUNDRAISING EXPENSES 78,252. TOTAL EXPENSES 141,540. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 63,751. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63,751. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SOCIETY OF EXPLORATION GEOPHYSICISTS 125 W 15TH STREET SUITE 100 TULSA OK 741193801 730555125 GEOPHYSICS OK 501(C)(6) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 SOCIETY OF EXPLORATION GEOPHYSICISTS B 1246665 PROGRAM GRANTS BASED ON ACTUAL SOCIETY OF EXPLORATION GEOPHYSICISTS M 150954 EFFORT AND EXPENSE BASED ON ACTUA SOCIETY OF EXPLORATION GEOPHYSICISTS P 329094 PROGRAM ADMIN BASED ON ACTUAL